Housing in Patmos, AR is relatively affordable compared to the US median value of $338,100. The median value of housing in Patmos is only $75,900. This creates a great opportunity for homebuyers to get into the market at an advantageous price. Additionally, the 1 year house appreciation in Patmos is 17.64%, which is nearly double the national average of 8.27%. This means that property values are increasing rapidly and buyers can expect to see a return on investment when they purchase a house in Patmos.
The median home cost in Patmos is $75,900. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Patmos is up 17.9%.
Average Age of Homes
- The median age of Patmos real estate is 62 years old
The Rental Market in Patmos
- Renters make up 11.8% of the Patmos population
- 0.0% of houses and apartments in Patmos, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.